Oasis Officials deny antitrust claims and law violations
Oasis Petroleum executives at a joint news conference with Ohio Turnpike officials deny any illegal or unethical actions in purchasing 82 gas stations from a Texas firm in bankruptcy. They rebut Senate Antitrust Subcommittee scrutiny and reject reports of investigations by federal agencies, insisting no two sets of books and defending the contract award as proper after thorough evaluation.
MENTIONED IN THIS ARTICLE
Cleveland
UPI
Oasis Petroleum Corp
Texas
Oasis
Finn Moller
Ohio Turnpike
Tariq Kadri
Department of Energy
FBI
Justice Department
SEC
Securities and Apenal Commission
Metzenbaum
Ohio
Senate Antitrust Subcommittee
Dollar gains in Europe as gold hits 670 level
The dollar opened higher on European markets while gold rose to 670.50 in Zurich and fell to 670 in London. Gold was quiet amid nervous trading ahead of the weekend and potential Middle East peace news. Currency rates rose across Frankfurt Paris Brussels Amsterdam Milan and Tokyo eased. A market source cited yen strength and downplayed a direct link to the Iran Iraq war.
MENTIONED IN THIS ARTICLE
London
UPI
Tokyo
Zurich
Middle East
Johnson Matthey
Barclays Bank International
Frankfurt
Paris
Brussels
France
Amsterdam
Milan
Japan
Carter
Federal Reserve
Fed
Paul Volcker
Federal Reserve System
Opening stocks rise on PPI decline in September
The Dow Jones average climbed 2.30 to 944.54 in early trading as gains outpaced losses three to two on the NYSE. News of a 0.2 percent drop in the government producer price index for finished goods in September spurred the market move.
MENTIONED IN THIS ARTICLE
New York
Mutuals Metal Prices in New York Market Report
The report lists gold at 945.75 per troy ounce with spot prices noted as 725 for a metal, reflecting New York market activity. Handy & Harman figures are cited, though details are incomplete and may require clarification.
MENTIONED IN THIS ARTICLE
New York
Handy & Harman
High interest rates spark political blame game
President Carter blames the Federal Reserve for rising rates while Treasury Secretary Miller voices surprise and concern that a prolonged rise could slow economic recovery. Reagan blames Carter for housing slump amid high mortgage costs, as analysts warn higher rates may curb borrowing and auto and home sales.
MENTIONED IN THIS ARTICLE
Washington
UPI
Carter
Federal Reserve Board
Treasury
G. William Miller
Fed
Ronald Reagan
Baker wary of action as Congress eyes lame duck session
Sen Baker warned return on Nov 12 may yield little as Republicans and Reagan victory could stall bills. He cited a $60 billion deficit and warned Democrats may delay budget actions till after elections. Cranston remained cautiously hopeful for a balanced budget but conceded doubt.
MENTIONED IN THIS ARTICLE
Washington
UPT
Congress
Senate
Howard Baker
Ronald
HOUSE
Michael Myers
D-Pa
Baker
Reagan
Alan Cranston
Pension study shows elderly poverty persists despite aid
Three reports to the President's Commission on Pension Policy analyze retirement income programs and conclude many elderly still live below or near the poverty line. They note in-kind benefits like food stamps and Medicaid save some from rock bottom poverty but hide program failures, while Social Security remains a keystone for most elderly households. Sugar futures rise to new highs amid rumors of Russian purchases and Brazilian crop shortfalls.
MENTIONED IN THIS ARTICLE
Washington
UPI
Commission On Pension Policy
Commission
Carter
Congress
Thomas Woodruff
Woodruff
Thomas Borzilleri
Borzilleri
Associated Press
Coffee Sugar & Cocoa Exchange
New York
Also Mentioned on This Page
Chronicle-Telegram
Howard Metzenbaum
The
Turnpike Commission
Oasis 2
Energy Department
Adnan Khashoggi
Khashoggi
RFI Inc
RFI
Kadri
Moller and Kadri
U.S
Ohio Toll Road
Turnpike
Allan V. Johnson
Johnson
Europe
Citibank
Dow Jones
Wall Street
UPD
Goodyr
A&p
Kellogg
Hee Kroger
Sears
Texaco
Amer
Mackin Foundry
Des Serce Cpc International
Loc
Lear Siegier
Mid-Continent
Tel
National Gypeam
Ohio Edison
Searle
G.d.jcoms
U ‘Southern Co. Nw Iw
Weetworth
Arom
UWE
West Groupe
Alex & Alex
AeGend
Dataprota
Naland Co
Fae Co
WykeLale
Mutuals
A-W
Mutual Ts Ia Dreyfos
Jake Han
Union Svc
Price
Locome
Vanguard
Vest
Cee Dey
Lake Ave
Elyrio
Donald H. May
Lansdowne
Miller
Elks Club
Green Bay
Wis
Ing
Sen. Baker
By Steve Gerstel
Cranston
By Drew von Bergen
Stewart
Beancat
Tony TL
Cnaity Merchasation
Meme Applience Center
Stewart's
Ene SS Arene
Star Durider
Star Building Systems
Star Builders, Inc
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